Advertise with fastmoving.co.za
 
 

PRAVIN GORDHAN NEWS ON FASTMOVING

Subscribe to pravin gordhan

No more load-shedding - Eskom's plan

No more load-shedding - Eskom's plan

04/04/2019 - 11:33
Gordhan said Eskom’s goal is to ensure there will be no load-shedding from 3rd April 2019 – but admitted there is a lot of hard work ahead for the company.  read more
Potential health benefit of taxing sugared drinks is overstated, economist says

Potential health benefit of taxing sugared drinks is overstated, economist says

07/12/2016 - 08:52
Reducing the energy content of sugar-sweetened drinks would be a more effective way to combat obesity than implementing a sugar tax, according to research commissioned by beverage industry association BevSA. read more
Rand stable ahead of Pravin Gordhan’s speech

Rand stable ahead of Pravin Gordhan’s speech

26/10/2016 - 14:44
The rand was range-bound against the dollar at midday on Wednesday ahead of the medium-term budget policy statement that Finance Minister Pravin Gordhan will deliver in Parliament later in the afternoon. read more
Fitch gives SA some breathing room

Fitch gives SA some breathing room

09/06/2016 - 12:21
Johannesburg - Ratings agency Fitch affirmed South Africa’s investment grade credit rating and maintained its stable outlook yesterday, but warned that political tensions could still derail efforts to boost growth. read more
Gordhan confident as ratings review looms

Gordhan confident as ratings review looms

02/06/2016 - 00:00
Johannesburg - South Africa’s government had done enough to prevent its credit rating from being downgraded to junk by S&P Global Ratings and Fitch Ratings this month, Finance Minister Pravin Gordhan said yesterday. read more
Gordhan 'ready to do battle'

Gordhan 'ready to do battle'

16/05/2016 - 15:44
Cape Town - Finance Minister Pravin Gordhan is aware of plans to arrest him and is ready for the ongoing relentless struggle for control of state resources. read more
DA proposes R9.52bn amendment to Gordhan's budget

DA proposes R9.52bn amendment to Gordhan's budget

16/05/2016 - 15:23
Cape Town - The Democratic Alliance has announced that it will propose a R9.52bn adjustment to Finance Minister Pravin Gordhan's 2016/17 budget. read more
Allan Gray banking on Nene’s experience

Allan Gray banking on Nene’s experience

19/04/2016 - 10:36
Johannesburg - Asset management group Allan Gray has appointed former finance minister Nhlanhla Nene as a non-executive director, hoping to tap his strategic and leadership skills, it said on Monday (18 April). read more
Gordhan reassures investors

Gordhan reassures investors

18/04/2016 - 14:08
Johannesburg - Finance Minister Pravin Gordhan has met ratings agencies as he continued his trail blitz and tries to calm investors’ concerns over the country’s economic outlook. read more
SA soft drinks industry to meet Treasury over proposed sugar tax

SA soft drinks industry to meet Treasury over proposed sugar tax

14/04/2016 - 10:43
South Africa’s beverage industry body will meet the Treasury next week to discuss the details of a proposed tax on sugar-sweetened drinks, a top official said on Wednesday (13 April). read more
Investors fear the next ‘Nene’ crisis at Treasury

Investors fear the next ‘Nene’ crisis at Treasury

08/04/2016 - 09:24
Cape Town - The government will announce in the next few weeks if it will replace Lungisa Fuzile as head of the National Treasury when his five-year contract ends in May, a move that could prolong months of investor unease over the management of the nation’s finances.  read more
Tax revenue collection exceeds projections

Tax revenue collection exceeds projections

04/04/2016 - 12:22
The South African Revenue Service (SARS) has collected more tax revenue than projected in the 2015-16 fiscal year despite a challenging weak economic growth environment, preliminary data showed on Friday (1 April). read more
Rand breaks back through R15 to the dollar

Rand breaks back through R15 to the dollar

31/03/2016 - 10:10
The rand has broken the R15/$ ceiling on Wednesday (30 March) after US fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies. read more
Ramaphosa denies meeting business tycoons over ministerial appointment

Ramaphosa denies meeting business tycoons over ministerial appointment

29/03/2016 - 10:52
Deputy President Cyril Ramaphosa on Saturday dismissed allegations that he had met with business leaders to discuss cabinet appointments. read more
SA’s bad news may be good news for AB InBev

SA’s bad news may be good news for AB InBev

22/03/2016 - 08:48
Of all the countries whose regulators need to approve Anheuser-Busch InBev’s purchase of SABMiller, only one is flirting with a potential junk-bond rating. read more
South Africa could be junk by the end of March

South Africa could be junk by the end of March

09/03/2016 - 16:09
While Finance Minister Pravin Gordhan is in the United Kingdom trying to woo international investors and prevent a sovereign ratings downgrade, Moody’s Investors Service has placed South Africa’s Baa2 bond and issuer ratings on review for downgrade. read more
‘The pressure is on Pravin Gordhan’

‘The pressure is on Pravin Gordhan’

07/03/2016 - 09:47
Cape Town - South African Finance Minister Pravin Gordhan is caught in a bind - his boss, President Jacob Zuma, and the nation’s tax commissioner are undermining his authority, yet he risks sending the economy into free-fall if he resigns. read more
Inflation 'cancels' grant increases before implemented

Inflation 'cancels' grant increases before implemented

07/03/2016 - 09:36
Cape Town - The ink on Finance Minister Pravin Gordhan’s Budget 2016 hardly had time to dry before food price inflation wholly undermined the increases he gave to social grants.  read more
Budget speech commentary by Business Partners Limited – Ben Bierman

Budget speech commentary by Business Partners Limited – Ben Bierman

26/02/2016 - 14:24
The sentiment and tone of Minister of Finance, Pravin Gordhan’s 2016 Budget Speech provides the necessary direction that South African businesses required. This is according to Ben Bierman, CFO of Business Partners Limited, commenting on the 2016 Budget Speech, delivered on 24 February 2016.  read more
Sugar tax confirmed for South Africa in 2017

Sugar tax confirmed for South Africa in 2017

25/02/2016 - 11:09
South Africans with a sweet tooth will be punished with a higher tax on sweet stuff. In his budget speech on Wednesday (24 Feb), Finance Minister Pravin Gordhan announced that a sugar tax will be levied with effect from 1 April 2017. read more
Business SA backs Gordhan’s co-operation plans

Business SA backs Gordhan’s co-operation plans

25/02/2016 - 10:49
Business leaders came out in strong support, on Wednesday (24 Feb), of government initiatives to grow the economy ahead of Finance Minister Pravin Gordhan’s budget vote speech in Parliament. read more
Budget in a nutshell: higher income taxes and a tighter belt for government

Budget in a nutshell: higher income taxes and a tighter belt for government

25/02/2016 - 09:53
A higher tax burden for all except low- to middle-income earners, a higher fuel levy, and a lower rate of growth in government expenditure this year have allowed Treasury to fill the holes left in its budget by lower revenue collection. read more
These are the tax hikes you can expect

These are the tax hikes you can expect

24/02/2016 - 10:13
This afternoon (24 Feb) Finance Minister Pravin Gordhan will arguably give the most significant speech of his political career when he delivers the Budget for 2016/17 in parliament. read more
Rand finds some new strength against the dollar

Rand finds some new strength against the dollar

19/02/2016 - 13:06
The rand rallied to under R15.30 to the greenback on Thursday (18 Feb) as the local unit, although taking a while, suddenly became a “yield play”, Adam Phillips, independent treasury consultant at Umkhulu Consulting, told Fin24. read more
Rand at strongest levels since December

Rand at strongest levels since December

18/02/2016 - 15:02
The South African rand continues its recovery from record lows against the dollar in January, following talk that the Reserve Bank may hike interest rates again. read more
ANC 'jilts' labour allies

ANC 'jilts' labour allies

17/02/2016 - 11:51
Johannesburg - The ANC has jilted its long-standing labour union allies and is courting business leaders to help it rescue South Africa's economy, which is teetering on the brink of a recession and a downgrade of the nation's credit rating to junk. read more
Rand begins to slide again

Rand begins to slide again

03/02/2016 - 10:28
The rand lost further ground against the US dollar on Tuesday, after a move by the Reserve Bank to temper the local unit’s volatility. read more
Tax focus: What to expect in 2016?

Tax focus: What to expect in 2016?

11/01/2016 - 11:20
Johannesburg - We can expect 2016 to be an interesting year for tax, with a new Finance Minister promising a focus on fiscal consolidation and several key pieces of tax legislation due to be enacted in the coming months. read more
Rand prospects poor as dust settles over Zuma moves

Rand prospects poor as dust settles over Zuma moves

17/12/2015 - 11:50
Johannesburg - Three finance ministers in five days: those two numbers just are not adding up for traders of the rand. read more